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Bullboard - Stock Discussion Forum
New Found Gold Corp
V.NFG
Alternate Symbol(s):
NFGC
Metals & Mining
Gold
New Found Gold Corp. is a Canada-based mineral exploration company engaged in the acquisition, exploration and evaluation of resource properties with a focus on gold properties located in Newfoundland and Labrador, Canada. The Company holds a 100% interest in the Queensway Project, which comprises a approximately 1,662 square kilometers area, located about 15 kilometers (km) west of Gander...
, Newfoundland and Labrador, and just 18 km from Gander International Airport. The Queensway Project is divided by Gander Lake into Queensway North and Queensway South. The Company is undertaking a 500,000-meter drill program at Queensway.
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TSXV:NFG - Post Discussion
New Found Gold Corp
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(2483)
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likeike
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Post by
likeike
on Jul 23, 2022 6:04pm
furthermore
@alwil106
@ArmandBoisvert
I thought it was Adios Amigo I'm going to jail for a rest. Don't talk to me about Royal Nickel, I took a load of abuse on the WM board for calling it out as a one off find. When Newmarket found those initial high grades nobody at that time knew it was going to develop into the deposit it became, my initial position in KL was C$12. Eric Sprott was pounding the table on the Weekly Wrap Up, nobody was paying attention except a very few, I got out at C$70, now as then nobody could appreciate the richness of the nuggety effect, these aren't conventional deposits. If you were to calculate the total g/m of Fosterville Swan drill results with NFG, NFG would have over three times the g/m over three times the strike length than the Swan zone, I'd guess 7-10 million ounces, nobody can be definitive with these type of deposits but nobody knows them better and can give an estimate of grade and size of the deposit better than Eric Sprott, certainly not Crux. As ES was pounding the table on KL he is more so with NFG and putting his money where his mouth is.
@alwil106
@ArmandBoisvert
I thought it was Adios Amigo I'm going to jail for a rest. Don't talk to me about Royal Nickel, I took a load of abuse on the WM board for calling it out as a one off find. When Newmarket found those initial high grades nobody at that time knew it was going to develop into the deposit it became, my initial position in KL was C$12. Eric Sprott was pounding the table on the Weekly Wrap Up, nobody was paying attention except a very few, I got out at C$70, now as then nobody could appreciate the richness of the nuggety effect, these aren't conventional deposits. If you were to calculate the total g/m of Fosterville Swan drill results with NFG, NFG would have over three times the g/m over three times the strike length than the Swan zone, I'd guess 7-10 million ounces, nobody can be definitive with these type of deposits but nobody knows them better and can give an estimate of grade and size of the deposit better than Eric Sprott, certainly not Crux. As ES was pounding the table on KL he is more so with NFG and putting his money where his mouth is.
(2483)
•••
likeike
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Comment by
likeike
on Jul 23, 2022 6:06pm
now as then nobody could appreciate the richness of the nuggety effect, these aren't conventional deposits. If you were to calculate the total g/m of Fosterville Swan drill results with NFG, NFG would have over three times the g/m over three times the strike length than the Swan zone, I'd guess 7-10 million ounces, nobody can be definitive with these type of deposits but nobody knows them
...more
(301)
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geezer21
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Comment by
geezer21
on Jul 23, 2022 7:29pm
Agreed. Crux was just doing guestimates with visual of the drill hold map and assays. It is not be relied upon.
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